for State Bar Of Montana
1. Comm'r v. Glenshaw Glass Co., No. 199, SUPREME COURT OF THE UNITED STATES, February 28, 1955, Argued , March 28, 1955, Decided
OVERVIEW: Taxpayers' recovery of punitive damages was held to be taxable income in a suit filed by the Internal Revenue Commissioner because gross income meant all income from whatever source derived and punitive damages were not specifically excluded.
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